Secured credit cards are in high demand, especially in a bad economy. What is a secured card? A secured credit card is typically a Visa or Mastercard, but it requires a cash deposit as collateral. The card is designed to help people who have been refused a credit card in the past because of bad credit, no credit, etc. They typically have higher monthly, annual, and initial fees. In a sense, you have to pay your dues. If you do get a secured card, use responsibly. Don’t mess up this opportunity. Its designed to help those who have had trouble obtaining a credit line in the past. Why do people seek out a secured card? One main reason is because they have been refused an unsecured credit card in the past. Some have no choice but to use this card with hopes to build a credit history.

Compare some of the most recent secured credit card offers below, and apply for the one that you feel comfortable with! Do remember to read all the terms and conditions, so their are no surprises with regards to fees and high interest rates.

	Capital Bank Open Sky Secured Credit Card No Credit Check for Approval. No Checking Account Required. Reports to All 3 Major Credit Bureaus. Annual Fee $29 Quick and Easy Online Application. APR for Purchases 17.50% Grace Period on New Purchases: NO interest charged if the balance is paid in full by the due date each month Choose Your Own Credit Limit from $200 to $3,000. Click Here To Apply
	First Progress Secured Credit Card Monthly Reporting to all 3 Major Credit Bureaus to Establish Credit History No Credit History or Minimum Credit Score Required for Approval Quick and Complete Online Application Good for Car Rental, Hotels; Anywhere Credit Cards are Accepted! Credit Line Secured by Your Fully-Refundable Deposit of $300 -- $2,000 Submitted with Application Nationwide Program – though not yet available in NY, IA, AR, or WI Get Approved Fast – Just Click Below to Start the Process! Merchandise APR = 14.99% Annual Fee = $39 Click Here To Apply
	Platinum Zero® Secured Visa® Credit Card from Applied Bank® Apply for the Platinum Zero® Secured Visa® Credit Card from Applied Bank® Credit Card Today! ZERO - 0% FIXED APR on Purchases - No Intro Rates! ZERO - 0% Rate Won’t Change - Even If You’re Late! ZERO Hassles - Choose Your Credit Limit From $500 Up To $5,000 ZERO Application Fees ZERO Worries - FREE Personal ID Theft Protection ZERO Delays - Timely CREDIT Bureau Reporting *See card terms and conditions Click Here To Apply
	USAA Bank Deposit - Minimum $250 Annual Fee –$35 Monthly Fee – NONE One Time Fee – NONE Regular Rate – 9.9% Click Here To Apply
	Capital One Secured Credit Card Get the credit you need with no application or processing fees Automatic reporting to the 3 major credit bureaus Track credit with access to your credit score and other tools Your refundable security deposit can get you a line up to $3,000 You may qualify for credit line increases with no further security deposit required Use it like any MasterCard credit card, accepted at millions of locations worldwide Click Here To Apply